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On September 21, 2016 (last than a week ago), Bloomberg has this headline: “BOJ Shifts Policy Framework to Targeting Japan’s Yield Curve.
The post My Kuroda! Bank Of Japan’s Targeting Of Yield Curve Goes The Wrong Way was originally published at The Wall Street Examiner. Follow the money!read more

Bank of Japan (BOJ) governor Haruhiko Kuroda gestures as he listens to questions during a press conference at the BOJ headquarters in Tokyo on July 29, 2016.The Bank of Japan surprised markets on July 29 with only minor tweaks to it...

The BOJ has released its “comprehensive assessment” and introduced new framework for strengthening monetary easing, “quantitative and qualitative easing with yield curve control” on September 21 (here and here). There is very little...

On Tuesday, the Bank of Japan held its benchmark interest rate at -0.10% and announced a shift in policy, opting to target the shape of the Japanese yield curve.
In its statement, the BOJ said it will purchase Japanese government bo...